Heineken brews acquisition of South Africa’s Distell Group
Family-owned Heineken, the world’s second-largest brewer, could buy a majority share of a unique $1.8 billion South African wine and spirits company, making the deal its second acquisition in 2021.
The fourth-generation Dutch beer maker confirmed last week it is in talks with Distell Group Holdings over a “potential transaction”. The $23.7 billion brewer added discussions were ongoing and there was no certainty an agreement would be reached.
